AI Could Soon Replace 300 Million Jobs, Predicts Goldman Sachs 

300 Million Jobs Could Be Affected By ChatGPT-like AI: Goldman Sachs

As many as 300 million full-time jobs around the world could be automated in some way by AI, according to Goldman Sachs economists.

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The report predicts 18% of work globally could be computerized. The effects will be felt more deeply in advanced economies than emerging markets.

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Administrative workers and lawyers are expected to be most affected, the economists said.

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In the United States and Europe, approximately two-thirds of current jobs “are exposed to some degree of AI automation.

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Up to a quarter of all work could be done by AI completely, the bank said.

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According to the bank, widespread adoption of AI could boost global GDP by 7% annually over a 10-year period.

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Earlier, Elon Musk and a group of AI experts signed a letter calling for a pause on AI system training for six months.

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